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Tag: Crime

LockBit Ransomware Takedown Strikes Deep Into Brand’s Viability

Despite the LockBit ransomware-as-a-service (RaaS) gang claiming to be back after a high-profile takedown in mid-February, an analysis reveals significant, ongoing disruption to the...

Can MiCA Regulation Displace Tether’s Dominance In The EU? – CryptoInfoNet

In a crypto.news exclusive, Merkle Science Policy Director Natalia Latka discusses how the MiCA regulation could impact USDT and other stablecoins in the EU.OKX,...

Sydney Fintech Constantinople Secures $50M Series A Funding – Fintech Singapore

Sydney-based fintech Constantinople has raised US$50 million in a Series A funding round led by Prosus Ventures, the venture capital division of Prosus. The...

Ransomware, Junk Bank Accounts: Cyberthreats Proliferates in Vietnam

For one week last month, Vietnamese brokerage VNDirect Cyber Systems shut down its securities trading systems and disconnected from the country's two stock exchanges...

Bridging the Crypto Chasm: Can Payments Embrace the Unruly Asset?

The allure of cryptocurrency remains undeniable. Its potential to revolutionize financial transactions with speed, transparency, and lower fees is a siren song to the payments industry. Yet,...

COSMIC Platform Goes Live in Singapore to Combat Financial Crime – Fintech Singapore

by Fintech News Singapore April 1, 2024 The Monetary Authority of Singapore (MAS) has officially rolled out the COSMIC platform, a digital initiative aimed at bolstering...

TRON Dominates Nearly 50% of Illicit Crypto Activity: TRM Labs Report

The TRON network accounted for 45% of all illicit volume in 2023, according to data released by analysts at blockchain forensics firm TRM Labs. TRM...

Lessons From the LockBit Takedown

Like most operators out there, we really enjoyed last month's news about international law enforcement disrupting LockBit, one of the world's most profitable ransomware...

Binance Executives File Suit Against Nigeria: Local Media

In separate filings, Tigran Gambaryan, head of financial crime compliance at the world's largest crypto exchange, and Nadeem Anjarwalla, regional manager for Africa, urged...

US, UK Probe $20B Crypto Transfers Linked to Russian Exchange

Authorities from the US and the UK are investigating cryptocurrency transactions passing through Russian exchanges. Recent revelations suggest that over $20 billion in crypto transfers have...

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